Mera ek kidney tumhara naam.
so why so much perturbed about SEBI's move?
We are just trying building up a protest against such trader unfriendly strict regulations by SEBI.
If something worst happens like linking to net-worth for intraday exposure too, then we may need to fight the case together.
Traders are no so helpless, and unity is the strength so we need to keep the thread alive as long as final this net-worth linking rule fails.
If failed this time too, then peace for the next 5 years as SEBI bring it every 5 years.
Usually, only profitable traders will come for active participation (fight the cases etc) if required. So I don't expect much participation also until their profession is in real danger ie net-worth linking to limit every type of exposure.
I think maybe NSE already made a deal with SEBI by increasing 30-50% margin positional basis. Worst may not come.
Practically it is very difficult to limit the exposure for day traders. As a day trader, I m less worried.
It is also difficult to limit exposure for options buyers as they are paying only the price of the premium.
Let's see the development.
Looking for 18 Sept SEBI Meeting, even more confidently after Additional Surveillance Margin in Equity Derivatives Segment.
I think NSE already made a secret deal so that any strict net-worth based exposure may not come.
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Tuna ji, trading is going on as usual. Even we are making more profits using the last few days of high leverage days.
The strict net-worth rule finally may not come but we may get used to high intraday leveraged trades. We are trying to increase net-worth as much as possible.
Maybe the market is also reacting to these high volumes, and SEBI bad decisions on FPI too.
Last few days there was 1200 pt fall in Bank Nifty. SEBI just pushed the volatility button for September month.
Everyone know volatility favors the bears.
I have increased position size much higher using intraday leverage. Making more due to SEBI. Want to increase my net worth rapidly. This is the example that we can make a bad thing as a positive thing also.
Everything is in our mind, and we successful traders used to control our mind. Is not it? So, we can produce better performance with SHABBY PRESSURE too. I am the live example of that.
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Tuna ji,
Successful traders ko heart disease to nahi hota hai, they just react to the market, always tension free. Famous traders are active above age of 80+. George Soros married at 83.
Happy Trading.
